What is Bitcoin Mining? Mining Of Bitcoins Explained.

What is Bitcoin Mining? Mining Of Bitcoins Explained.

Bitcoin Mining Explained As the popularity of Bitcoin is increasing day by day, people are getting curious about Bitcoin mining and cryptocurrency mining as well. Those who early entered into Bitcoin mining say in 2010-11 are now world’s first most Bitcoin...
Thinking of Ethereum Mining? Do read this article

Thinking of Ethereum Mining? Do read this article

Ethereum Mining A lot of people are getting into Ethereum mining these days. Gone are those days when Bitcoin could be mined by a single person using his home computer. The Bitcoin mining is so competitive now that it requires sophisticated hardwares . Ethereum on the...
SegWit2x gains support from Chinese Bitcoin Miners

SegWit2x gains support from Chinese Bitcoin Miners

Activation of SegWit In a meeting held on Thursday, last week in Chengdu, the main contributors of Bitcoin in China, including Antwerp, F2pool, Bixin, 1hash, OKCoin and ViaBTC, unanimously signed a commitment to the New York agreement. The signatories also indicated...
What is Proof-of-Stake (POS)?

What is Proof-of-Stake (POS)?

Proof-of-Stake Explained In our earlier post we discussed what is Proof-of-Work. We concluded the article highlighting a major issue that can arise in future if Proof-of-Work algorithm is still continued in Bitcoin mining. The article was ended by arising a question...
What is Proof-of-Work (POW)?

What is Proof-of-Work (POW)?

Proof-of-Work Explained A Proof-of-Work is simply a key to solve a puzzle. When this key is generated and submitted the price is rewarded. Lets’s understand Proof-of-Work (POW) in terms of Bitcoin Mining We all know that bitcoin mining is based on proof-of-work...
How to “MINE” CryptoCurrencies?

How to “MINE” CryptoCurrencies?

Ever fantasized, perhaps if you randomly start digging your land and find tonnes of gold ? Ever wondered if you could own a gold mine? Well, I have and I am sure most of my readers had also dreamed about it.  I am not sure that you can fulfill your dream of mining...